Renault Kicks Off CEO Search
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15h
Free Malaysia Today on MSNRenault's CEO Search May Include Insider Le Vot, Stellantis' Picat, Analysts SayFILE PHOTO: Denis Le Vot, Dacia CEO and Renault Group Chief Supply Chain Officer, speaks during a press conference on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
Renault SA’s impending loss of Chief Executive Officer Luca de Meo calls into question the French carmaker’s recovery, with the board having to replace a second senior leader in a matter of months.De Meo will step down July 15,
Luca de Meo's departure from Renault likely to cause near-term uncertainty as analysts debate whether it will impact its growth strategy and make investors cautious.
11h
GlobalData on MSNGucci-owner Kering appoints ex-Renault chief as new CEOFrench luxury group and Gucci-owner Kering has announced the appointment of former Renault CEO Luca de Meo as the new chief of the group. The strategic move strengthens the group's leadership and supports its growth trajectory.
After impressing with his turnaround of French automaker Renault, Luca De Meo is widely expected to be named as the new boss of Gucci owner and luxury powerhouse Kering.
Nissan Motor CEO Ivan Espinosa said the automaker plans to reduce its stake in French partner Renault , the Nikkei business newspaper reported on Monday.
Kering surged nearly 10% after news broke that Renault CEO Luca de Meo is set to take over the debt-heavy luxury group, according to five sources cited by Reuters. Meanwhile, Rena
Ivan Espinosa, who took the helm at Nissan in April, has identified a key role for its partners, as he seeks to step up the pace of restructuring at the loss-making group.